New stablecoin merges traditional finance with crypto-backed yield potential
Bitget, a global cryptocurrency exchange and Web3 company, has launched BGUSD, a yield-bearing stablecoin backed by tokenised real-world assets. The coin is designed to give users a low-volatility option with passive income potential, alongside access to decentralised financial tools.
BGUSD is pegged to USDC at a 1:1 ratio and can be purchased using either USDC or USDT. It offers users a 4% annualised yield, with a promotional 5% yield for the first 30 days following the launch. Yields are credited daily to users’ spot accounts based on their minimum daily balance.
According to Bitget, the yield is derived from a diversified portfolio of tokenised real-world assets. This includes high-grade money market funds and tokenised US Treasury products. Among its partners is Superstate, whose USTB fund provides tokenised access to US Treasuries.
This structure allows BGUSD to function as a low-risk asset, independent of the volatility often associated with the broader crypto market. Users can redeem BGUSD instantly through Bitget’s reserve pool or use a standard redemption process, which settles within three business days. Both subscription and redemption are subject to a 0.1% fee.
Integrated across Bitget’s trading and staking ecosystem
The new stablecoin is not limited to passive income. It is fully integrated with the Bitget platform and can be used as collateral for lending, margin for futures trading, and in services such as Launchpool and PoolX.
According to the exchange, this integration supports more efficient capital use for both retail and institutional users.
“With BGUSD, we are delivering a solution that bridges the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets,” siad Gracy Chen, CEO of Bitget.
Part of a growing trend in asset tokenisation
The launch of BGUSD comes amid growing interest in tokenised real-world assets (RWAs). Institutional investors and asset managers have shown increasing interest in products that bring traditional finance instruments onto blockchain networks.
According to a May report from Pendle, the total value of yield-bearing stablecoins rose from $1.5 billion at the beginning of 2024 to $11 billion as of 21 May 2025. This accounts for approximately 4.5% of the overall stablecoin market.
Tokenisation platforms such as Superstate and others are helping exchanges like Bitget offer stable digital assets backed by recognisable financial products. This shift has been supported by regulatory developments and the rising demand for safer, yield-generating crypto options.
Under the administration of President Donald Trump, financial authorities have taken a more defined stance on stablecoin regulation. On February 18, the Securities and Exchange Commission (SEC) approved an interest-bearing stablecoin launched by Figure Markets, making it the first such product to receive regulatory approval in the US.
Legislative efforts are also advancing. Proposed laws such as the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aim to provide a clear legal foundation for stablecoins and their issuers.
This more supportive regulatory environment is helping exchanges like Bitget offer innovative products like BGUSD with increased confidence, while also appealing to users seeking regulated, income-generating digital assets.
